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    Swot Ananlysis of JBC

    Uploaded by

    Rafique Ahmed Chowdhury
    wallmart

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    © All Rights Reserved
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    Swot Ananlysis of JBC

    Uploaded by

    Rafique Ahmed Chowdhury
    133 views6 pages
    wallmart

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    Rrr

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    wallmart

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    133 views6 pages

    Swot Ananlysis of JBC

    Uploaded by

    Rafique Ahmed Chowdhury
    wallmart

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 6

    CHAPTER 6

    SWOT ANANLYSIS OF JBC


    1
    SWOT Analysis of JBC
    The overall evaluation of a companys strengths, weaknesses,
    opportunities and threats is called SWOT analysis. It involves
    monitoring the eternal and internal environment.
    External Eniron!ent "o##ort$nity an% t&reat'
    analysis
    ! "usiness unit has to monitor key macro environment forces
    #demographic $ economic, natural, technological, political%
    legal, and social% cultural& and signi'cant micro environment
    actors #customers, competitors, suppliers, distri"ution, dealers&
    that a(ect its a"ility to earn pro'ts. In this respect, the position
    of the )*+ is not so sound. !s "ecause, if our government
    permits and esta"lish open world market for the industry, then
    they will "e in the face of downfall.
    Internal Eniron!ent "Stren(t&s)Wea*ness'
    analysis
    It is one thing to 'nd attractive opportunities and another to "e
    a"le to take advantage of them. ,ach "usiness needs to
    evaluate its internal strengths and weakness. In the light of the
    a"ove facts, the position of this company is very sound. -ike
    other local . national companies, they are also esta"lishing
    them in the focusing position like new attractive commodities
    . products and they have captured the market. In this a"ove
    circumstances, this company at the end of the year, /001
    ac2uired Tk. /34.15 crore in the life fund and Tk. /64.71 crore
    in !sset respectively. *ut in the customer services, the
    advancement . the position of the other companies are "etter
    than that of )*+.
    /
    CHAPTER +
    FIN,IN-S . RECO//EN,ATION
    +01 Fin%in(s
    +02 Re3o!!en%ation
    +04 Con3l$sion
    5
    +01 Fin%in(s
    Insurance is as old as the civili8ation. It was present in the form
    of mutual help. Insurance is a co%operative device of
    distri"uting losses, falling on an individual or his family over a
    large num"er of persons, each "earing a nominal ependiture
    and feeling secure against heavy of loss. Insurance provides
    certainty of payment at the uncertainty of loss, if provides
    capital, protection . prevention of loss. It helps ,conomic
    progress. *esides, I get more eperience a"out )i"an *ima
    +orporation.
    +02 Re3o!!en%ation
    There is no social recognition of insurance sector in
    *angladesh, due to lack of proper management in 2uality of
    customer service. So they should "e 'rmly "elieve their
    pro'ta"ility, growth and market share of "usiness depend on
    their 2uality of customer service.
    In their customer service, they should focus on the following9
    1. !chievement of core competencies in all their "usiness
    processes.
    /. Improvement of service standard.
    5. !ddressing complaints:suggestions for improvement of
    service.
    7. ,nrichment of products.
    3. Speedy Service.
    4. Service accuracy.
    1. ;air treatment.
    7
    +04 Con3l$sion
    Insurance "usiness is only commercial "ut it has "ecome
    professional now. <nowledge of insurance is as much essential
    as trading "usiness for the society. =rivati8ation of Insurance
    "usiness has added more signi'cations for the people. The
    prospects of insurance in the 'rst years of the net millennium
    decide the direction of insurance management. Safety,
    security and investment have "ecome need of the present
    society people, now, demand insurance as compared to the
    previous attitude of selling insurance to people. They have
    "ecome selective and practical. Insurance industry has to meet
    the epectations of people.
    3
    REFERENCE
    1. www.google.com #Search ,ngine&
    /. www.>"c.gov."d
    5. www.fareastislamilife.com
    7. www.popularlife"d.com
    3. www.nlic"d.com
    4. www.primeislamilife.com
    1. www.sandhanilife.com
    ?. ,lement of Insurance% !8i8ul @u2 +haudhury
    6. Insurance% A.B. Aishra
    4

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